20 % DOWN OWNER FINANCE LAND ATTENTION BUILDERS IS A DEVELOPMENT OPPORTUNITY POSSIBILITY TO BUILD 8 TO 10 LUXURY TOWHOUSES WITH 3 STORIES 2 CAR
GARAGE , 4 BED 4 BATH PRICE RANGE FOR EACH PROPERTY CAN START FROM $2. 500. 000 VERY DESIRABLE
AREA LOCATED IN FORT LAUDERDALE BEACH 10 MNUTES NEAR TO CORAL RIDGE MALL AND WILTON MANORS
CLOSE TO BANKS REASTAURANTS VERY POTENTIAL AREA INVESTORS WELCOME , AT THE MOMENT THE LAND
HAVE A MULTIFAMILY MONTLHY INCOME $ 8, 600. 00 ANY PERMITS OR INFORMATION NEED BUYER CAN SEARCH
IN THE CITY OR WITH THE ARCHITECH , ESTIMATE WITH ARCHITECH IS READY ON THE ATTACHMENTS . ( START
BUILDING) CHECK THE ATTACHMENTS SURVEY READY ( Nearly $400 Million in investment on the books for the downtown area, featuring parks )
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,590,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,072,000 | $2,072,000 | $2,072,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,244 | $1,244 | $1,244 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,267 | $13,439 | $18,192 |
Total Monthly Payment | $14,636 | $14,808 | $19,561 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.